Abracadabra Finance Hit by Security Breach, Loses $6.4 Million
Abracadabra Finance, a prominent player in the decentralized finance (DeFi) sector, has become the latest victim of a significant security breach. The DeFi protocol reportedly suffered a substantial attack, leading to a loss exceeding $6.4 million. The incident has raised concerns about the vulnerability of DeFi platforms to sophisticated cyber threats. The technical flaw exploited […]
Citadel.one Suffers Security Breach on Arbitrum Network, Incurs $93,000 Loss
In a concerning development for the cryptocurrency community, Citadel.one, a prominent portfolio management tool, has become the latest victim of cyberattacks in the blockchain space. The incident, which unfolded on the Arbitrum network, was detected by the vigilant systems of BlockSec, a leading cybersecurity firm. The attack, as reported, led to substantial financial losses, with […]
Telcoin’s Recovery After Security Breach: Ensuring User Trust and System Integrity
Telcoin recently faced a significant security challenge. The incident, identified by on-chain monitor MetaScout, involved targeted attacks on Telcoin wallets, resulting in a substantial loss of around $1.2 million. The breach not only highlighted vulnerabilities in the company’s security system but also underscored the broader risks inherent in the digital currency landscape. The incident has […]
Nansen under attack, 7% user data compromised – Here’s all you need to know
Nansen, the blockchain analytics platform widely trusted for its insights and data-driven solutions, has experienced a cybersecurity attack. The breach report sent shockwaves through the company’s user base. The well-known crypto and blockchain analytics firm announced on the social networking platform X that one of its third-party vendors had a security compromise that affected 6.8% […]
Crypto industry on edge as Multichain’s safety concerns deepen
Participants in the crypto ecosystem are on high alert as Multichain’s silence fuels worries about the platform’s safety. According to reports, key participants in the crypto industry are fortifying their defenses as worries about Multichain, a major platform for transferring assets between different blockchains, mount. Multichain protocol delay causes token price crash Following a bullish […]
